proceedings for AY 2007-08 as under:-
"Furthermore, as the building construction contract consists of material of Rs
2,75,01,415/- and labour ... only and if your
goodselves wish to disallow depreciation on building contract the same should
ITA No.679/M/2014- Swastik Home Land Agencies
Contract with Golden Ocean group (Page 196)
2006
7 December 04, Contract with SETAF s.a.s France (Page 252)
2006
8 December 04, Contract ... ship
builder and during the year it had entered into several contracts for building
6
ITA No.4692/Mum/2014
ITA No.372/Mum/2015
building by way demolishing the old building and getting the building
plans approved from MCGM was the essence of contract. On receipt
of the development ... 2014
M/s.Vishwakarta Build Solutions Pvt. Ltd.,
Company has got the building plan approved on 08-08-2008 which is
ground to 3rd floor
that as the
same was clearly backed by a composite contract for supply of spare parts
and services, therefore, the assessee had rightly deducted ... were made pursuant to contracts with the respective parties, viz. individuals
or society/owner of building/land for providing the right of display
engaged in the business of municipal contracting
carrying out work of road repairs, municipal building repairs, etc. for the
Municipal Corporation of Greater Mumbai ... civil works of petty road repairs, building repairs, etc. In
order to execute such contract, assessee purchased materials like
cement, sand, metal mix, bricks, pipes
inter-alia
engaged in the business of Civil Contracting Projects like dams, tunnels,
industrial complexes, building roads etc. It was noticed by the Assessing
Officer
Laxmi Transport Company. M/s.
Laxmi Trading Corporation is doing business of building material and M/s.
Laxmi Transport Company is in the business ... assessee
was liable to make payment on account of contract for supply of building
material to other parties on payment
kind of services. The entire contract is for
pure installation. The project duration of all the three contracts had already been listed in the
foregoing ... year in connection with a building site or construction,
installation or assembly project which is being undertaken in that Contracting State.
5. Notwithstanding the provisions
2014
M/s. Satellite Developers Ltd.,
contract to M/s.Bonsai Modellers for making 1 model of proposed building
of Morarka Project for the purpose ... already deducted tax at 2% u/s.194C and also the works
contract tax at 4%. As per assessee, the nature of payment was covered
transportation contract with M/s. Nagarjuna Fertilisers & Chemicals
Ltd. As such, subject to the assessee demonstrating the building up of the
jetty
